Asia Pacific, Financial, Fund Managers, Global Investment, Hedge Funds, News

Alphadyne Asset Management to Start a Hedge Fund Unit in Singapore

Alphadyne Asset Management to Start a Hedge Fund Unit in Singapore

Alphadyne Asset Management LLC, a New York-based hedge-fund manager will separate the Asia team into a new firm. The firm will be based in Singapore. The Asia team, as a separate firm, is expected to manage a similar amount to the $2 billion it oversees now, including a $1 billion allocation from Alphadyne.

“The Asia team, as a separate firm, is expected to manage a similar amount to the $2 billion it oversees now.”

~Bloomberg

Alphadyne’s Singapore unit is starting on its own as the industry is struggling with investor redemptions and lackluster returns. Asia’s hedge funds suffered the highest withdrawals globally in October.

Related Reports: Bloomberg

 

About Alphadyne Asset Management

Alphadyne Asset Management is a multi-billion dollar alternative investment management firm founded in 2005 by Philippe Khuong-Huu and Bart Broadman, who were colleagues at J.P.Morgan. Investors include pension funds, insurance companies, asset managers, investment consultants and sovereign wealth funds. Alphadyne has offices in New York, Singapore and London.

Alphadyne pursues macro and fixed income relative value investment strategies in global interest rate, foreign exchange, equity, commodity and credit markets. Investments are made in both developed and emerging market countries. The firm’s activity is weighted to interest rate and foreign exchange markets and to execution via swaps, options and cash instruments. Alphadyne seeks to generate superior risk-adjusted returns with low correlation to the main asset classes.

Visit: Alphadyne Asset Management


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